Bitcoin / Dollar intraday: target 50190
52390 is our pivot point.
Our preference: target 50190.
Alternative scenario: the upside breakout of 52390, would call for 53220 and 53710.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (51782) but above its 50 period moving average (51711).
Supports and resistances:
53710 **
53220 *
52390 **
52060
51733 last
50690
50190 **
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